Gandler
Gandler
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November 29th, 2014 at 5:05:11 AM permalink
I was just thinking about the best way to double your money in baccarat.

Let's say you enter the Casino with 100 dollars. And your goal is either to double your money or at least make substantially more (let's say 80% of starting bankroll).

So obviously strictly betting banker is the way to go. But would a better option be betting 1 unit at a time (like 1 dollar a bet), or several units at a time (like 25 units?). And just keep grinding hand by hand, hoping you win enough hands to double bankroll?

Or would a better idea be betting your 100 dollars on one hand on banker, and if it hits you would double instantly?

My thought is, on any hand, the most likely outcome is BANKER WIN, so if you bet your bankroll all at once, you are more likely to be successful at doubling than betting one unit at a time, since you are more likely to drain your bankroll the longer you play? Is my logic flawed? Or is making 1 bankroll sized bet on banker the way to go for those who desire to double their bankroll or forfeit it?
beachbumbabs
beachbumbabs
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November 29th, 2014 at 5:17:03 AM permalink
Quote: Gandler

I was just thinking about the best way to double your money in baccarat.

Let's say you enter the Casino with 100 dollars. And your goal is either to double your money or at least make substantially more (let's say 80% of starting bankroll).

So obviously strictly betting banker is the way to go. But would a better option be betting 1 unit at a time (like 1 dollar a bet), or several units at a time (like 25 units?). And just keep grinding hand by hand, hoping you win enough hands to double bankroll?

Or would a better idea be betting your 100 dollars on one hand on banker, and if it hits you would double instantly?

My thought is, on any hand, the most likely outcome is BANKER WIN, so if you bet your bankroll all at once, you are more likely to be successful at doubling than betting one unit at a time, since you are more likely to drain your bankroll the longer you play? Is my logic flawed? Or is making 1 bankroll sized bet on banker the way to go for those who desire to double their bankroll or forfeit it?



Mathematically, if I understand the concept correctly, your best bet with a limited bankroll percentage-wise is to bet the entire 100. Because every time you expose your money to the game, you're up against the house edge, and you're multiplying negative numbers as to your chances. However, a single bet is no fun, especially if you lose, because you're done in 30 seconds either way. (Assuming you want to double up and leave.)

I would prefer to play a positive progression, betting $5 units, 5/10/20 and take your 40, then back down to 5 if you get that far, betting winnings to that point. You'd have 20 chances, and only have to win 3inarow 5 times to double up. But it might not be the best way mathematically.
If the House lost every hand, they wouldn't deal the game.
Gandler
Gandler
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November 29th, 2014 at 7:31:55 AM permalink
Quote: beachbumbabs

Mathematically, if I understand the concept correctly, your best bet with a limited bankroll percentage-wise is to bet the entire 100. Because every time you expose your money to the game, you're up against the house edge, and you're multiplying negative numbers as to your chances. However, a single bet is no fun, especially if you lose, because you're done in 30 seconds either way. (Assuming you want to double up and leave.)

I would prefer to play a positive progression, betting $5 units, 5/10/20 and take your 40, then back down to 5 if you get that far, betting winnings to that point. You'd have 20 chances, and only have to win 3inarow 5 times to double up. But it might not be the best way mathematically.



But, entertainment aspects aside, speaking strictly on a single hand, isn't the most likely outcome on a single hand banker win? So wouldn't a single banker bet be the way to go? Like you say, the longer you play, the more the HE becomes real.

And since baccarat is different than every other conventional game, in that, the HE for the banker, is existent solely because of commission and not event probability? Since we know banker will win more hands than player, a single bet on banker seems like a good bet?
Deucekies
Deucekies
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November 29th, 2014 at 11:28:25 AM permalink
Best odds in Baccarat if you're not concerned with entertainment value:

Find a casino that will let you play match play coupons on Banker. Play the whole $100 on Banker with the match play under it. If not allowed, play $100 on Player with the match play under it. Closer to $100 face value for the match play, the better.
Casinos are not your friends, they want your money. But so does Disneyland. And there is no chance in hell that you will go to Disneyland and come back with more money than you went with. - AxelWolf and Mickeycrimm
Gandler
Gandler
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November 29th, 2014 at 12:38:17 PM permalink
Quote: Deucekies

Best odds in Baccarat if you're not concerned with entertainment value:

Find a casino that will let you play match play coupons on Banker. Play the whole $100 on Banker with the match play under it. If not allowed, play $100 on Player with the match play under it. Closer to $100 face value for the match play, the better.


Wouldn't that be +EV?
If you only played a hand when you had match play? So if you played 100 match play once a day every day, on banker, wouldn't you be guaranteed to come out ahead?
Deucekies
Deucekies
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November 29th, 2014 at 2:36:55 PM permalink
Quote: Gandler

Wouldn't that be +EV?
If you only played a hand when you had match play? So if you played 100 match play once a day every day, on banker, wouldn't you be guaranteed to come out ahead?


I thought that was the point of this thread. The OP is asking for the best way to double up, yeah?
Casinos are not your friends, they want your money. But so does Disneyland. And there is no chance in hell that you will go to Disneyland and come back with more money than you went with. - AxelWolf and Mickeycrimm
sc15
sc15
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November 29th, 2014 at 8:45:29 PM permalink
Quote: Deucekies

Best odds in Baccarat if you're not concerned with entertainment value:

Find a casino that will let you play match play coupons on Banker. Play the whole $100 on Banker with the match play under it. If not allowed, play $100 on Player with the match play under it. Closer to $100 face value for the match play, the better.



It's better to play a match play coupon on Player.
Deucekies
Deucekies
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November 29th, 2014 at 9:11:59 PM permalink
Quote: sc15

It's better to play a match play coupon on Player.


I'll believe you since I don't have any math in front of me, but playing it on player is better than banker? How so?
Casinos are not your friends, they want your money. But so does Disneyland. And there is no chance in hell that you will go to Disneyland and come back with more money than you went with. - AxelWolf and Mickeycrimm
Mission146
Mission146
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November 29th, 2014 at 9:42:31 PM permalink
Quote: Deucekies

I'll believe you since I don't have any math in front of me, but playing it on player is better than banker? How so?



Depending on the Match Play amount, I would think it would have something to do with the commission on the Match Play rounding up to the nearest $1.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
Deucekies
Deucekies
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November 30th, 2014 at 10:22:29 AM permalink
Quote: Mission146

Depending on the Match Play amount, I would think it would have something to do with the commission on the Match Play rounding up to the nearest $1.


Eww eww eww. Please tell me they don't do that. Just...just eww.

If they can pay any increment of $5 at 95% using quarters, why not a match play of equal face value?
Casinos are not your friends, they want your money. But so does Disneyland. And there is no chance in hell that you will go to Disneyland and come back with more money than you went with. - AxelWolf and Mickeycrimm
knowdienow
knowdienow
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November 30th, 2014 at 10:58:16 PM permalink
The profit target is 100% of starting bankroll =)) =))

Wake up Gandler =))
Try your best and the rest let God decide
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